Shivalic Power Control Ltd - Stock Valuation and Financial Performance

Shivalic Power Control was originally incorporated on October 08, 2004 as a Private Limited Company as ‘Shivalic Power Control Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, N.C.T. of Delhi & Haryana. Subsequently, pursuant to a special resolution passed by the Shareholders at their Extraordinary General Meeting held on December 06, 2023, the company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the Company was changed to ‘Shivalic Power Control Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on January 08, 2024 by the Registrar of Companies, Delhi. 

Shivalic Power Control is an ISO-certified LT and HT electric panel manufacturer with an operating. It is a technology-driven company with a strong focus on quality, design and product development, which has allowed it to develop products suited to its customers’ requirements. its in-house manufacturing unit allowed it to manufacture a diversified range of electric panels such as PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronisation panels, Outdoor panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Duct and LT & HT APFC Panels. it is authorised by industry leaders such as L&T, Siemens, Schneider Electric and TDK to manufacture fully type-tested panels as per IEC 61439 - 1&2 ,IEC 61641, IS1893 which it serves to more than 15 industrial Sectors in India as well as in outside India, viz, Nepal, Bangladesh, African countries such as Uganda, Kenya, Nigeria, Algeria.. 

The company has a dedicated team of engineers who are experts in designing and developing advanced designs which enable it to manufacture the Techno Modular Design - Fully Bolted Panels with Aluminium and Copper Bus Bar, which make it different from traditional welding panel manufacturers with a strong focus on the quality of the panel. It has advanced manufacturing facilities with automated controls to maintain quality and productivity, ensuring rigorous quality control and safety throughout its production process. It manufacturing facility is certified in accordance with international standards of quality management systems, environmental management systems, and occupational health and safety management systems as per ISO 9001:2015, ISO 14001:2015, ISO 45001:2018.

Business area of the company

Shivalic Power Control is engaged in the business of manufacturing of electrical panels. It is a technology-driven company with a strong focus on quality, design and product development, which has allowed it to develop products suited to its customers’ requirements.

Products of the company

• PCC and double busbar PCC panels
• MCC & IMCC panels
• Ethernet ready PCC panel
• AC drive panel
• Automatic change over panel
• APFC panel 
• DG synchronizing panel 
• HT panel

History and milestones

• 2004: Incorporation of the Company as a Private Limited Company with the name of ‘Shivalic Power Control Private Limited’ with a view to manufacturing of electrical control panels.
• 2013: Its promoter Mr. Amit Kanwar Jindal acquire 50% share from Som Sharma ‘One of the First Director’ of the company with intent to hold whole interest in the company.
• 2019: Partnership with Siemens for HT Panels.
• 2021: Schneider PrismaiPM Tie up.
• 2022: Entered Partnership with TDK.
• 2022: Partnership with L&T for IEC 61439.
• 2023: obtained Company’s lifetime largest single order of RBI Data Centre Bhubaneshwar.
• 2024: Conversion the Company from Private Limited Company to Public Limited Company.